Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Halliburton, Baker Hughes Call Off $28 Billion Deal
Halliburton Co. and Baker Hughes Inc. called off their $28 billion merger, which has met stiff antitrust resistance from regulators in the United States and Europe.
Growth at American Manufacturers Cools as Challenges Persist
Manufacturing expanded at a slower pace than forecast in April as factories continued to grapple with lax global demand and fallout from a weakened U.S. energy industry.
Large Trucks Banned From Accident-Plagued Kentucky Road
The Kentucky Transportation Cabinet has banned certain large trucks from traveling on Ky. 151, the two-lane road in Anderson and Franklin counties that has seen numerous accidents involving such vehicles.
Sedimental Journey: $300 Million for Deeper Delaware Means More Philadelphia Port Jobs
With 85% of the Delaware River navigation channel deepened to 45 feet, Pennsylvania elected officials gathered on the banks of the Delaware River on April 29 to celebrate.
Freight Group Says St. Louis Region Has Undersold Role as Logistics Hub
The St. Louis Regional Freightway launched April 27 to coordinate planning and projects for the region’s freight and shipping infrastructure as well as to expand the local industrial business market on both sides of the Mississippi.
Letters: Regulatory Policies, Driver Commendation, HOS, Fatigue
This week's letters address traffic, a driver commendation, HOS policy and driver fatigue.
May 2, 2016Editorial: The Economy Pauses
Current performance of the U.S. economy is decidedly unimpressive. Output isn’t plunging, but sluggishness abounds and each sign of growth seems paired with a decline.
May 2, 2016Opinion: Video Intelligence Can Safeguard Your Business
If you had an extra $2 million to spend on your fleet, what would you do with it? I’m going to go out on a limb and suggest that most fleet owners would earmark the cash for capital expenditures or personnel development.
May 2, 2016Truckload Driver Turnover Climbs
Turnover at smaller truckload fleets leaped 21 percentage points in the fourth quarter of 2015, while churn at larger carriers reached even more elevated levels in spite of lackluster freight demand, American Trucking Associations reported last week.
Mack Unveils 2017 Powertrain
AUSTIN, Texas — Mack Trucks presented a new powertrain that it said was designed to meet the second stage of Phase 1 federal greenhouse-gas limits. Those limits tighten the maximum legal amount of carbon dioxide output from a truck starting in January.